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Vientiane Halts New Microfinance, Pawnshop Licenses Amid Regulatory Review

On 31 July, the Bank of the Lao PDR (BoL) suspended applications for new non-bank financial institutions in Vientiane Capital. Effective from the announcement date onwards, the suspension applies to both domestic and foreign investors seeking to establish deposit-taking microfinance institutions, non-deposit-taking microfinance institutions, and pawnshops in the capital. BoL said...

Lao Authorities, Lao Bank Seek Legal Action Against Thai Media Over Money Laundering Claims

On 31 July, Lao authorities and Lao Development Bank (LDB) met with Thailand's Central...
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Chinese Commerce Chamber Urges Businesses in Laos to Cut Ties with Scam Networks

The General Chinese Chamber of Commerce in Laos has told its members to check...
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Laos Inflation Edges Up in July, Electricity Prices Surge 91.5% Year-on-Year

Electricity prices jumped 91.5 percent in July compared to the same month last year,...
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Online Sellers Face Renewed Enforcement of Business Registration Rules

Online sellers in Vientiane must register as businesses and obtain an e-commerce licence or...
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Kerry Logistics Network Core Net Profit Up by 81% Profit　Attributable to the Shareholders Up by 215%

HONG KONG SAR - Media OutReach - 27 August 2021 - Kerry Logistics Network Limited ('Kerry Logistics Network' or together with its subsidiaries,...

SSY Group Limited announces 2021 interim results

Net profits HK$276 million; Interim dividend HK$0.05/share Continuous innovation & scientific research;Whole-industry-chain approach development Result summary:Total revenue HK$2,443...

Importance of Technology Development Under Pandemic – Satellite Smartphone Innovator AdvanceTC Seeks Nasdaq Listing

KUALA LUMPUR, MALAYSIA - Media OutReach - 27 August 2021 - Global development has been disrupted by the Covid-19 pandemic, Advance Technology Innovator...

Successful Job Movement Up 21% in Q2 2021 from Q1: Michael Page Thailand

BANGKOK, THAILAND - Media OutReach - 27 August 2021 - Global recruitment specialists Michael Page Thailand witnessed the number of successful job moves rise...

Green Monday Join Forces with The Langham, Shanghai, Xintiandi

Promoting green diets with deluxe vegetarian dishes; Creating the trend of Go Green sustainabilitySHANGHAI, CHINA - Media OutReach - 27 August 2021 - As...

Get Exclusive Pre-Order Access to the Samsung Galaxy Z Fold3 & Flip3 5G with M1

Looking to get your hands on the latest release by Samsung? Just as the multinational electronics company launches a pre-order campaign for its latest...
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